First Trust Large Cap Value AlphaDEX Fund
$97.78−0.49 (−0.50%)
- Expense ratio
- 0.58%
- Fund size
- $1.4B
- 1Y return
- +21.0%
- Yield · Last 12 months
- 1.65%
- Holdings
- 187
- Volume · 30D
- 0M sh
- NAV per share
- $98.72
- 52W range
The ETF.net FTA Grade
Score 52 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.FScore 10Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 85Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.BScore 63Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.BScore 61Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.BScore 67Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.BScore 65Category rank
Our read on FTA
CFTA doesn't just buy the value index and call it a day. It screens US large caps on value and profitability, then holds only the names that clear the bar, a 2007-vintage rules-based stock picker in an ETF wrapper.
The Fund seeks to track, before fees and expenses, the performance of the Nasdaq AlphaDEX Large Cap Value Index.
Why people hold it
- Selection by formula, not size: the AlphaDEX screen ranks large-cap value names on value and profitability before the index decides who gets in.ftportfolios.com
- Live since 2007, so the method has a real record through the financial crisis and everything after, not a backtest.
- Roughly 190 stocks, so no single name carries the fund, and it distributes quarterly.
- The rules are public: it tracks a published Nasdaq AlphaDEX Large Cap Value index, and it has held multi-billion-dollar scale for years.
Worth knowing
- 0.58% a year, against a cohort median near 0.18%. Plain cap-weighted value funds (VTV, SCHV, IUSV) charge a small fraction of that.
- Thinly traded next to the category's giants, so spreads and limit orders matter more here.
- Value by screen, not by market cap: the portfolio can look and behave quite differently from a standard large-cap value benchmark.
FTA Holdings
- Stocks
- 187
- 11%
- CTSH
Sectors
- Financials21.3%
- Energy14.5%
- Utilities10.3%
- Technology9.7%
- Consumer Discr.8.7%
- Health Care8.6%
- Cons. Staples7.1%
- Industrials6.4%
- Communication6.0%
- Real Estate4.5%
- Materials3.0%
Geography
- United States94.38%
- Ireland2.56%
- Switzerland1.88%
- Bermuda0.88%
- United Kingdom0.15%
- Netherlands0.14%
FTA Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | FTA |
|---|---|
| Year to date | +14.9% |
| 1 month | −5.3% |
| 3 months | +3.3% |
| 1 year | +21.0% |
| 3 years | +16.6% |
| 5 years | +11.0% |
| 10 years | +10.9% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | FTA |
|---|---|---|
| 2026 YTD | +14.9% | |
| 2025 | +14.9% | |
| 2024 | +10.1% | |
| 2023 | +10.1% | |
| 2022 | −3.7% | |
| 2021 | +29.3% | |
| 2020 | −0.4% |
FTA in the news
ETF.net Research hasn’t filed on FTA yet — coverage lands here as it’s written.
FTA Dividends
- 1.65%
- $1.63
- $0.34 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Jun 25, 2026 | Jun 30, 2026 | $0.34 |
| Mar 26, 2026 | Mar 31, 2026 | $0.36 |
| Dec 12, 2025 | Dec 31, 2025 | $0.52 |
| Sep 25, 2025 | Sep 30, 2025 | $0.40 |
| Jun 26, 2025 | Jun 30, 2025 | $0.31 |
| Mar 27, 2025 | Mar 31, 2025 | $0.40 |
| Dec 13, 2024 | Dec 31, 2024 | $0.45 |
| Sep 26, 2024 | Sep 30, 2024 | $0.45 |
| Jun 27, 2024 | Jun 28, 2024 | $0.33 |
| Mar 21, 2024 | Mar 28, 2024 | $0.31 |
| Dec 22, 2023 | Dec 29, 2023 | $0.49 |
| Sep 22, 2023 | Sep 29, 2023 | $0.41 |
FTA Risk
- 12.5%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.99
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −19.8%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.64
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FTA Cost
- The middle half of US Value Index funds
- Median 0.20%
36 of the 41 US Value Index funds charge less.